InterPrivate Investment Partners V is a special purpose acquisition company, or blank check company, with no current operations or revenue. Its sole purpose is to raise capital through an initial public offering to acquire a private business, taking that business public via a merger. InterPrivate Investment Partners V has 24 months to complete an acquisition or it must liquidate and return funds to shareholders. InterPrivate, a private investment firm that manages capital for family offices, sponsors the company. The business model uses a sponsor promote structure, giving the sponsor a significant equity stake for a nominal cost once a deal closes. InterPrivate Investment Partners V targets businesses in technology, blockchain and digital assets, and traditional cash-flow industries. InterPrivate Investment Partners V uses its sponsor's network of family offices and independent sponsors to source off-market deals. Management includes executives with experience in private equity and fintech who have led previous blank check entities. InterPrivate Investment Partners V argues that its structure provides target companies with a faster and more flexible path to public markets than a traditional IPO.